Lars Steffensen, Ebullio Capital Management

Since I believe the past is a prologue, I think a number of quotes from antiquity (the ancient Greeks, Romans and Chinese were not exactly strangers to crisis situations) will assist in illustrating my views. The great Roman historian Vegetius said, "If you seek peace, be prepared for war." In other words, be prepared for a continuation of the unprecedented market upheavals, volatility and sheer unpredictability of the markets that we have experienced in 2008. Greek playwright Euripides said,

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